Operating in regulated environments can be trying, but failure to comply with local regulations can spell the end for your presence in a territory.
If you operate in a regulated industry or activity, you may be required to provide a guarantee bond to secure and maintain your license to operate.
This is especially likely in industries and sectors involving the handling of client money. In some territories, it is necessary to post a bond if your company does not have any directors who are resident within the state (or the wider European Economic Area) in order to cover potential fines for breaches of the relevant company law.
Best for
- Companies operating in regulated industries or sectors
Highlights
- Auctioneer bonds
- Insolvency practitioner bonds
- Section 137 Bonds (Ireland)
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Why choose Tokio Marine HCC?
Tokio Marine HCC is a leading specialty insurance group with offices in the United States, Mexico, the United Kingdom and Europe, transacting business in approximately 180 countries and underwriting more than 100 classes of specialty insurance.
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